Rain valuation, funding and investors
Rain works in financial health platform development, based in Nashville, United States. Founded in 2019, it has about 363 employees.
- Last round
- Series B · $75.0M · Apr 2025
- Valuation at last round
- $340M
- Headcount
- 363 · up
- Grade
- B
- Founded
- 2019
Rain valuation today
VCMC values Rain at $539M today, with a range of $294M to $620M and a grade of B. The valuation starts from its last funding round, a Series B round in Apr 2025.
Valuation by date (98 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2019 | $12.2M | $4.44M – $33.5M | $15.1M (+24%) | before first round | – | unknown | D | 0% |
| 1 Feb 2019 | $12.5M | $4.56M – $34.4M | $15.2M (+21%) | before first round | – | unknown | D | 0% |
| 1 Mar 2019 | $12.8M | $4.67M – $35.3M | $15.3M (+19%) | before first round | – | unknown | D | 0% |
| 1 Apr 2019 | $13.2M | $4.80M – $36.2M | $15.5M (+17%) | before first round | – | unknown | D | 0% |
| 1 May 2019 | $13.5M | $4.93M – $37.2M | $15.6M (+15%) | before first round | – | unknown | D | 0% |
| 1 Jun 2019 | $13.9M | $5.06M – $38.2M | $15.8M (+13%) | before first round | – | unknown | D | 0% |
| 1 Jul 2019 | $14.3M | $5.19M – $39.2M | $15.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2019 | $14.4M | $5.25M – $39.6M | $16.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2019 | $14.5M | $5.29M – $39.9M | $16.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2019 | $14.7M | $5.34M – $40.3M | $16.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2019 | $14.8M | $5.39M – $40.7M | $16.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2019 | $14.9M | $5.44M – $41.0M | $16.6M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2020 | $15.1M | $5.49M – $41.4M | $16.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2020 | $15.2M | $5.54M – $41.8M | $16.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2020 | $15.3M | $5.59M – $42.1M | $17.1M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2020 | $15.5M | $5.64M – $42.5M | $17.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2020 | $15.6M | $5.69M – $42.9M | $17.4M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2020 | $15.8M | $5.74M – $43.3M | $17.6M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jul 2020 | $15.9M | $5.79M – $43.7M | $17.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2020 | $16.1M | $5.84M – $44.1M | $17.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2020 | $16.2M | $5.90M – $44.5M | $18.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2020 | $16.3M | $5.95M – $44.9M | $18.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2020 | $16.5M | $6.00M – $45.3M | $18.4M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2020 | $16.6M | $6.06M – $45.7M | $18.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2021 | $16.8M | $6.11M – $46.1M | $18.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2021 | $16.9M | $6.17M – $46.5M | $18.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2021 | $17.1M | $6.22M – $46.9M | $19.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2021 | $17.2M | $6.28M – $47.4M | $19.1M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2021 | $17.4M | $6.33M – $47.8M | $19.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2021 | $17.6M | $6.39M – $48.2M | $19.4M (+10%) | before first round | – | unknown | D | 0% |
| 1 Jul 2021 | $17.7M | $6.45M – $48.6M | $19.5M (+10%) | before first round | – | unknown | D | 0% |
| 1 Aug 2021 | $17.9M | $6.51M – $49.1M | $19.7M (+10%) | before first round | – | unknown | D | 0% |
| 1 Sep 2021 | $18.0M | $6.57M – $49.5M | $19.8M (+10%) | before first round | – | unknown | D | 0% |
| 1 Oct 2021 | $18.2M | $6.62M – $50.0M | $20.0M (+10%) | before first round | – | unknown | D | 0% |
| 1 Nov 2021 | $18.4M | $6.68M – $50.4M | $20.1M (+10%) | before first round | – | unknown | D | 0% |
| 1 Dec 2021 | $18.5M | $6.74M – $50.9M | $20.3M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jan 2022 | $18.7M | $6.81M – $51.4M | $20.4M (+9%) | before first round | – | unknown | D | 0% |
| 1 Feb 2022 | $18.8M | $6.86M – $51.7M | $20.6M (+9%) | before first round | – | unknown | D | 0% |
| 1 Mar 2022 | $19.0M | $6.90M – $52.1M | $20.7M (+9%) | before first round | – | unknown | D | 0% |
| 1 Apr 2022 | $19.1M | $6.96M – $52.5M | $20.9M (+9%) | before first round | – | unknown | D | 0% |
| 1 May 2022 | $19.2M | $7.01M – $52.9M | $21.0M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jun 2022 | $19.4M | $7.06M – $53.3M | $21.2M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jul 2022 | $19.5M | $7.11M – $53.7M | $21.3M (+9%) | before first round | – | unknown | D | 0% |
| 1 Aug 2022 | $19.7M | $7.16M – $54.1M | $21.5M (+9%) | before first round | – | unknown | D | 0% |
| 1 Sep 2022 | $19.8M | $7.22M – $54.5M | $21.7M (+9%) | before first round | – | unknown | D | 0% |
| 1 Oct 2022 | $20.0M | $7.27M – $54.9M | $21.8M (+9%) | before first round | – | unknown | D | 0% |
| 1 Nov 2022 | $20.1M | $7.32M – $55.3M | $22.0M (+9%) | before first round | – | unknown | D | 0% |
| 1 Dec 2022 | $20.3M | $7.38M – $55.7M | $22.1M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jan 2023 | $33.9M | $12.3M – $93.0M | $37.0M (+9%) | before first round | 370 | unknown | D | 0% |
| 1 Feb 2023 | $34.1M | $12.4M – $93.7M | $37.3M (+9%) | before first round | 370 | unknown | D | 0% |
| 1 Mar 2023 | $367M | $241M – $1.0B | $660M (+80%) | after a round | 370 | unknown | C | 0% |
| 2 Mar 2023 | $367M | $241M – $1.0B | $660M (+80%) | after a round | 370 | unknown | C | 0% |
| 1 Apr 2023 | $385M | $241M – $1.0B | $660M (+71%) | after a round | 370 | unknown | C | 0% |
| 1 May 2023 | $376M | $235M – $700M | $450M (+20%) | after a round | 330 | down | B | 57% |
| 1 Jun 2023 | $384M | $235M – $700M | $445M (+16%) | after a round | 330 | down | B | 57% |
| 1 Jul 2023 | $392M | $235M – $700M | $441M (+12%) | after a round | 330 | down | B | 57% |
| 1 Aug 2023 | $400M | $235M – $700M | $436M (+9%) | after a round | 330 | down | B | 57% |
| 1 Sep 2023 | $408M | $235M – $700M | $431M (+6%) | after a round | 330 | down | B | 57% |
| 1 Oct 2023 | $337M | $219M – $516M | $267M (-21%) | after a round | 240 | shrinking | B | 97% |
| 1 Nov 2023 | $338M | $219M – $516M | $258M (-24%) | after a round | 240 | shrinking | B | 97% |
| 1 Dec 2023 | $338M | $219M – $516M | $250M (-26%) | after a round | 240 | shrinking | B | 97% |
| 1 Jan 2024 | $338M | $219M – $516M | $241M (-29%) | after a round | 240 | shrinking | B | 97% |
| 1 Feb 2024 | $339M | $219M – $516M | $233M (-31%) | after a round | 240 | shrinking | B | 97% |
| 6 Feb 2024 | $1.7B | $1.2B – $2.4B | $1.7B (0%) | after a round | 240 | shrinking | B | 97% |
| 1 Mar 2024 | $1.7B | $1.2B – $2.4B | $1.7B (-3%) | after a round | 250 | shrinking | B | 97% |
| 1 Apr 2024 | $1.7B | $1.2B – $2.4B | $1.6B (-7%) | after a round | 250 | shrinking | B | 97% |
| 1 May 2024 | $1.7B | $1.2B – $2.4B | $1.5B (-10%) | after a round | 250 | shrinking | B | 97% |
| 1 Jun 2024 | $1.7B | $1.2B – $2.4B | $1.5B (-14%) | after a round | 250 | shrinking | B | 97% |
| 1 Jul 2024 | $1.7B | $1.2B – $2.4B | $1.4B (-17%) | after a round | 250 | shrinking | B | 97% |
| 1 Aug 2024 | $1.7B | $1.2B – $2.4B | $1.4B (-15%) | after a round | 250 | down | B | 97% |
| 1 Sep 2024 | $1.7B | $1.2B – $2.4B | $1.4B (-18%) | after a round | 250 | down | B | 97% |
| 1 Oct 2024 | $1.7B | $1.2B – $2.4B | $1.4B (-20%) | after a round | 250 | down | B | 97% |
| 1 Nov 2024 | $1.7B | $1.2B – $2.4B | $1.3B (-23%) | after a round | 250 | down | B | 97% |
| 1 Dec 2024 | $1.7B | $1.2B – $2.5B | $1.3B (-23%) | after a round | 250 | flat | B | 89% |
| 1 Jan 2025 | $1.7B | $1.2B – $2.5B | $1.3B (-23%) | after a round | 250 | flat | B | 82% |
| 1 Feb 2025 | $1.7B | $1.2B – $2.5B | $1.3B (-23%) | after a round | 250 | flat | B | 76% |
| 1 Mar 2025 | $1.7B | $1.2B – $2.5B | $1.3B (-24%) | after a round | 250 | flat | B | 70% |
| 1 Apr 2025 | $1.7B | $1.1B – $2.5B | $1.3B (-23%) | after a round | 250 | flat | B | 64% |
| 10 Apr 2025 | $340M | $296M – $587M | $510M (+50%) | after a round | 250 | flat | B | 0% |
| 1 May 2025 | $348M | $296M – $587M | $510M (+46%) | after a round | 250 | flat | B | 0% |
| 1 Jun 2025 | $361M | $296M – $587M | $510M (+41%) | after a round | 250 | flat | B | 0% |
| 1 Jul 2025 | $373M | $296M – $587M | $510M (+37%) | after a round | 250 | flat | B | 0% |
| 1 Aug 2025 | $386M | $296M – $587M | $510M (+32%) | after a round | 283 | up | B | 0% |
| 1 Sep 2025 | $399M | $296M – $587M | $510M (+28%) | after a round | 283 | up | B | 0% |
| 1 Oct 2025 | $413M | $296M – $587M | $510M (+24%) | after a round | 283 | up | B | 0% |
| 1 Nov 2025 | $431M | $296M – $595M | $517M (+20%) | after a round | 302 | up | B | 0% |
| 1 Dec 2025 | $446M | $296M – $595M | $517M (+16%) | after a round | 302 | up | B | 0% |
| 1 Jan 2026 | $464M | $296M – $598M | $520M (+12%) | after a round | 309 | up | B | 0% |
| 1 Feb 2026 | $481M | $296M – $598M | $520M (+8%) | after a round | 309 | up | B | 0% |
| 1 Mar 2026 | $497M | $296M – $598M | $520M (+5%) | after a round | 309 | up | B | 0% |
| 1 Apr 2026 | $515M | $296M – $598M | $520M (+1%) | after a round | 309 | up | B | 0% |
| 1 May 2026 | $534M | $299M – $614M | $534M (0%) | after a round | 348 | growing | B | 0% |
| 1 Jun 2026 | $534M | $295M – $614M | $534M (0%) | after a round | 348 | up | B | 0% |
| 1 Jul 2026 | $534M | $294M – $614M | $534M (0%) | after a round | 348 | up | B | 0% |
| 1 Aug 2026 | $534M | $294M – $614M | $534M (0%) | after a round | 348 | up | B | 0% |
| 1 Sep 2026 | $534M | $293M – $614M | $534M (0%) | after a round | 348 | up | B | 0% |
| 1 Oct 2026 | $539M | $294M – $620M | $539M (0%) | after a round | 363 | up | B | 0% |
| 24 Oct 2026 | $539M | $294M – $620M | $539M (0%) | after a round | 363 | up | B | 0% |
Key facts about Rain
- Founded
- 2019
- Headquarters
- Nashville, United States
- Employees
- about 363 +28% in a year
- Total raised
- $441M
- Funding rounds
- 3
- Last round
- Series B Apr 2025
Rain was founded in 2019 by Alex Bradford and David Roeske.
Rain funding history
Rain has 3 funding rounds on record, from Mar 2023 to Apr 2025, $441M in total. The latest disclosed valuation is $340M post-money (Series B, Apr 2025).
Series B 9 Apr 2025
Led by Prosus; with Nextalia Investment Management, Spark Growth Ventures, QED Investors, Invus.
Sources: rainapp.com, techcrunch.com, fintechfutures.com and 2 more
$75M
$340M post-money
$300M
$66M
Rain investors
6 investors have backed Rain; QED Investors and Prosus led at least one round.
- QED Investors lead, 2 rounds
- Prosus lead
- Clear Haven Capital Management
- Invus
What Rain does
Rain works in tech companies, with 15 recorded offerings and customers in financial services.
Rain Technologies Inc. is a U.S. financial technology company engaged in developing and delivering financial health platforms for employees. The company provides tools such as budgeting, spending analysis, tax filing, and financial coaching, primarily through a mobile app and website. Rain serves employers and employees across the United States, offering financial wellness solutions that support retention, productivity, and recruiting. The company is certified for security and compliance, including SOC 1 Type 2, SOC 2 Type 2, and ISO/IEC 27001, and integrates with a range of employer platforms.
Description from Veridion's company data.
Products and services
- Financial Health Platform Development
- Financial Wellness Solutions Delivery
- Budgeting Tools Development
- Spending Analysis Tools Development
- Tax Filing Tools Development
- Financial Coaching Services
- Employee Financial Empowerment Services
- Employer Financial Wellness Services
- Financial Data Integration Solutions
- Mobile Financial App Development
- Web-Based Financial Platform Development
- Financial Data Analytics Services
- Financial Compliance Consulting Services
- Financial Security Solutions Development
- Employee Financial Education Services
Markets
- Financial Services
Certifications
- SOC 1 Type 2
- SOC 2 Type 2
- ISO/IEC 27001
Business model
- Business-to-Business
- Business-to-Consumer
- Service Provider
- Software-as-a-Service
Industry codes (NAICS)
- 513210 Software Publishers 50% match
- 523940 Portfolio Management and Investment Advice 30% match
- 541213 Tax Preparation Services 20% match
Questions about Rain
What is Rain worth?
Valuation $539M (range $294M to $620M), as of 24 Oct 2026. The last disclosed valuation was $340M (Series B, Apr 2025).
Has Rain raised money?
Rain has 3 funding rounds on record, from Mar 2023 to Apr 2025, $441M in total. The latest disclosed valuation is $340M post-money (Series B, Apr 2025).
Who has invested in Rain?
QED Investors, Prosus, Clear Haven Capital Management, Invus, Nextalia Investment Management and Spark Growth Ventures. Lead investors include QED Investors and Prosus.
How many people work at Rain?
About 363, up 28% over the last year. Headcount held at about 363 from Jan 2023 to Sep 2026.
What does Rain do?
Rain works in tech companies, with 15 recorded offerings and customers in financial services. Its main offerings are financial health platform development, financial wellness solutions delivery and budgeting tools development.
When was Rain founded, and where is it based?
Rain was founded in 2019 and is based in Nashville, United States. It has about 363 employees, up 28% over the last year.